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	<title>Comments on: 2009&#8242;s Worst Disclosures Buried in Footnotes</title>
	<atom:link href="http://www.ritholtz.com/blog/2009/12/2009s-worst-footnote-filings-with-the-sec/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.ritholtz.com/blog/2009/12/2009s-worst-footnote-filings-with-the-sec/</link>
	<description>Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media</description>
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		<title>By: The Worst Footnote Disclosures of 2009 : Wiley Accounting Updates</title>
		<link>http://www.ritholtz.com/blog/2009/12/2009s-worst-footnote-filings-with-the-sec/comment-page-1/#comment-244628</link>
		<dc:creator>The Worst Footnote Disclosures of 2009 : Wiley Accounting Updates</dc:creator>
		<pubDate>Mon, 28 Dec 2009 23:45:38 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=46867#comment-244628</guid>
		<description>[...] SOURCES: Ritholtz, B. (2009). 2009’s Worst Disclosures Buried in Footnotes, BNET.com, December 21 (Retrievable online at http://www.ritholtz.com/blog/2009/12/2009s-worst-footnote-filings-with-the-sec/) [...]</description>
		<content:encoded><![CDATA[<p>[...] SOURCES: Ritholtz, B. (2009). 2009’s Worst Disclosures Buried in Footnotes, BNET.com, December 21 (Retrievable online at <a href="http://www.ritholtz.com/blog/2009/12/2009s-worst-footnote-filings-with-the-sec/)" rel="nofollow">http://www.ritholtz.com/blog/2009/12/2009s-worst-footnote-filings-with-the-sec/)</a> [...]</p>
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		<title>By: ToNYC</title>
		<link>http://www.ritholtz.com/blog/2009/12/2009s-worst-footnote-filings-with-the-sec/comment-page-1/#comment-243458</link>
		<dc:creator>ToNYC</dc:creator>
		<pubDate>Mon, 21 Dec 2009 20:37:53 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=46867#comment-243458</guid>
		<description>Schadenfreude postpones compassion. We all wish our profits were grossed up; but why isn&#039;t that taxed at 100% to keep it real?</description>
		<content:encoded><![CDATA[<p>Schadenfreude postpones compassion. We all wish our profits were grossed up; but why isn&#8217;t that taxed at 100% to keep it real?</p>
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		<title>By: catman</title>
		<link>http://www.ritholtz.com/blog/2009/12/2009s-worst-footnote-filings-with-the-sec/comment-page-1/#comment-243381</link>
		<dc:creator>catman</dc:creator>
		<pubDate>Mon, 21 Dec 2009 15:22:07 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=46867#comment-243381</guid>
		<description>OK I needed that gross up explaination too. Now how about a loose translation of chaza. Clicked thru the Chesapeake link since Aubrey is a neighbor of a friend and found the poor sap had to sell his 9000 bottle wine collection. That&#039;s 24 years worth at one a day. Oink.</description>
		<content:encoded><![CDATA[<p>OK I needed that gross up explaination too. Now how about a loose translation of chaza. Clicked thru the Chesapeake link since Aubrey is a neighbor of a friend and found the poor sap had to sell his 9000 bottle wine collection. That&#8217;s 24 years worth at one a day. Oink.</p>
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		<title>By: Mark E Hoffer</title>
		<link>http://www.ritholtz.com/blog/2009/12/2009s-worst-footnote-filings-with-the-sec/comment-page-1/#comment-243378</link>
		<dc:creator>Mark E Hoffer</dc:creator>
		<pubDate>Mon, 21 Dec 2009 15:16:35 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=46867#comment-243378</guid>
		<description>&quot;A library book lasts as long as a house, for hundreds of years. It is not an article for mere consumption, but fairly of capital, and often in the case of professional men, setting out in life, it is their only capital.&quot; 
— Thomas Jefferson 

http://www.goodreads.com/author/quotes/1673?page=1

note: kindle e-books and SEC reports in XBRL need not apply..</description>
		<content:encoded><![CDATA[<p>&#8220;A library book lasts as long as a house, for hundreds of years. It is not an article for mere consumption, but fairly of capital, and often in the case of professional men, setting out in life, it is their only capital.&#8221;<br />
— Thomas Jefferson </p>
<p><a href="http://www.goodreads.com/author/quotes/1673?page=1" rel="nofollow">http://www.goodreads.com/author/quotes/1673?page=1</a></p>
<p>note: kindle e-books and SEC reports in XBRL need not apply..</p>
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		<title>By: Mannwich</title>
		<link>http://www.ritholtz.com/blog/2009/12/2009s-worst-footnote-filings-with-the-sec/comment-page-1/#comment-243376</link>
		<dc:creator>Mannwich</dc:creator>
		<pubDate>Mon, 21 Dec 2009 15:01:35 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=46867#comment-243376</guid>
		<description>@KevinM:  It&#039;s when the company basically increases or &quot;grosses up&quot; one&#039;s gross payment to, in effect, pay the taxes on what that person would have been responsible for themselves.  

The result would be Ross Perot Jr. receiving a NET payment of $1.1 million instead of a gross payment of that same amount with net being much lower due to tax deductions.</description>
		<content:encoded><![CDATA[<p>@KevinM:  It&#8217;s when the company basically increases or &#8220;grosses up&#8221; one&#8217;s gross payment to, in effect, pay the taxes on what that person would have been responsible for themselves.  </p>
<p>The result would be Ross Perot Jr. receiving a NET payment of $1.1 million instead of a gross payment of that same amount with net being much lower due to tax deductions.</p>
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		<title>By: Advocatus Diaboli</title>
		<link>http://www.ritholtz.com/blog/2009/12/2009s-worst-footnote-filings-with-the-sec/comment-page-1/#comment-243374</link>
		<dc:creator>Advocatus Diaboli</dc:creator>
		<pubDate>Mon, 21 Dec 2009 14:51:58 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=46867#comment-243374</guid>
		<description>Maybe we have to change the way society sees money. Most scams, like fineprint BS, are made possible by a zero sum view of the world.</description>
		<content:encoded><![CDATA[<p>Maybe we have to change the way society sees money. Most scams, like fineprint BS, are made possible by a zero sum view of the world.</p>
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		<title>By: KevinM</title>
		<link>http://www.ritholtz.com/blog/2009/12/2009s-worst-footnote-filings-with-the-sec/comment-page-1/#comment-243372</link>
		<dc:creator>KevinM</dc:creator>
		<pubDate>Mon, 21 Dec 2009 14:40:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=46867#comment-243372</guid>
		<description>What is a  &quot;tax gross up&quot;?</description>
		<content:encoded><![CDATA[<p>What is a  &#8220;tax gross up&#8221;?</p>
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		<title>By: jc</title>
		<link>http://www.ritholtz.com/blog/2009/12/2009s-worst-footnote-filings-with-the-sec/comment-page-1/#comment-243364</link>
		<dc:creator>jc</dc:creator>
		<pubDate>Mon, 21 Dec 2009 14:00:11 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=46867#comment-243364</guid>
		<description>OT, Adam Sharp on unfolding CITI disaster.Tiny Tim holding for an eyewash paper gain on CITI while his IRS Dept takes $35B hit on special tax treatment for CITI. I really mean US taxpayers are taking $35B hit on CITI

http://seekingalpha.com/article/179086-citigroup-take-the-loss-tim?source=email</description>
		<content:encoded><![CDATA[<p>OT, Adam Sharp on unfolding CITI disaster.Tiny Tim holding for an eyewash paper gain on CITI while his IRS Dept takes $35B hit on special tax treatment for CITI. I really mean US taxpayers are taking $35B hit on CITI</p>
<p><a href="http://seekingalpha.com/article/179086-citigroup-take-the-loss-tim?source=email" rel="nofollow">http://seekingalpha.com/article/179086-citigroup-take-the-loss-tim?source=email</a></p>
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